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2022
Flag → Flag
Exports $95MRnk 26 / 149
2022
Flag → Flag
Top Product $84.8MPetroleum Gas
2022
Flag → Flag
Exports $136MRnk 131 / 217
2022
Flag → Flag
Top Product $20.2MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Trinidad and Tobago-India Trade: In 2022, Trinidad and Tobago exported $95M to India. The main products that Trinidad and Tobago exported to India were Petroleum Gas ($84.8M), Aluminium Ore ($7.41M), and Scrap Aluminium ($683k). Over the past 5 years the exports of Trinidad and Tobago to India have increased at an annualized rate of 23.2%, from $33.4M in 2017 to $95M in 2022.

In 2022, Trinidad and Tobago did not export any services to India.

India-Trinidad and Tobago Trade: In 2022, India exported $136M to Trinidad and Tobago. The main products that India exported to Trinidad and Tobago were Packaged Medicaments ($20.2M), Cars ($13.4M), and Coated Flat-Rolled Iron ($10.7M). Over the past 5 years the exports of India to Trinidad and Tobago have increased at an annualized rate of 3.23%,  from $116M in 2017 to $136M in 2022.

In 2022, India did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index. That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Trinidad and Tobago exported $95M to India. The main products exported from Trinidad and Tobago to India were Petroleum Gas ($84.8M), Aluminium Ore ($7.41M), and Scrap Aluminium ($683k). During the last 5 years the exports of Trinidad and Tobago to India have increased at an annualized rate of 23.2%, from $33.4M in 2017 to $95M in 2022.

In 2017, India exported $136M to Trinidad and Tobago. The main products exported from India to Trinidad and Tobago were Packaged Medicaments ($20.2M), Cars ($13.4M), and Coated Flat-Rolled Iron ($10.7M). During the last 5 years the exports of India to Trinidad and Tobago have increased at an annualized rate of 3.23%, from $116M in 2022 to $136M in 2017.

Exports from Trinidad and Tobago (Flag) to India (Flag) (2022)

Exports from India (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and India (Flag)

Trinidad and Tobago Exports

India Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
India
Top DestinationUnited States$82.9B

This map shows whether countries import more from Trinidad and Tobago or India. Each country is colored based on the difference in imports they receive from Trinidad and Tobago and India or the difference in the growth in imports.

In 2022, countries that imported more from Trinidad and Tobago than India included Jamaica ($430M), Guyana ($257M), and Barbados ($132M).

In 2022, countries that imported more from India than Trinidad and Tobago included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - India

Flow
Scale

This chart compares trade between Trinidad and Tobago and India by product, considering products traded by both, Trinidad and Tobago and India.

During 2022, Trinidad and Tobago had a large net trade with India in the exports of Mineral Products ($92.2M), Metals ($1.85M), and Chemical Products ($308k).

During 2017, India had a large net trade with Trinidad and Tobago in the exports of Metals ($32.9M), Chemical Products ($29.1M), and Transportation ($16.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago India+$113MPetroleum Gas
Top Product Potential India Trinidad and Tobago+$6.62MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Trinidad and Tobago and India. This means that a dot/product with the flag of Trinidad and Tobago indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and India (Flag) (2022)

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